May 2 – Post Fed Trading
As expected, The intra-day trading during the 2 p.m. Release of the Fed Interest Rate Decision and again during Chairman Powells speech was quite eventful. Let’s discuss what we have with the markets now… .
I’ve been a full time trader for well over a decade and began trading in the late 1990s while working in management and sales at a well-known aerospace company. As my style evolved, so did my success, and it allowed me to leave corporate America to pursue my passion and trade full time.
As expected, The intra-day trading during the 2 p.m. Release of the Fed Interest Rate Decision and again during Chairman Powells speech was quite eventful. Let’s discuss what we have with the markets now… .
. This is a Fed Week, and the Markets tend to hate two things that the F.O.M.C Meetings can bring to the table. 1. Surprises and 2. Unexpected changes. I really don’t think that we are due for either of those, so let’s just review the markets as they stand, heading into FED WEDNESDAY . […]
This weekend may be a bit more relaxing for those interested in the Precious Metals Sector, because as discussed in recent reports, some of the ideas presented here do still seem to be playing out. I will discuss how to take advantage of current set up, without losing too much sleep. 🙂 .
Today I really want to Focus on the precious metals, so after a very brief review of a few other sectors, we’ll get right to it… . NASDAQ – Nothing changed with the General Markets since yesterdays report.
Where are we in the various sectors of the Markets? …
Even though only 1 day passed since the weekend report, we do have a lot to cover, so let’s get right into it…
To the joy of many readers here, we are finally getting some of the sale prices on Miners that we have been expecting for a while now. Let’s take a look at our weekend review and see how things stand after this 4 day trading week… . SPX WEEKLY – We are coming due […]
Friday is a holiday and the markets are closed, so today is the last trading day of the week. Earlier this week I had mentioned cycle counts and a possible bearish rising wedge, so ‘tighten stops and stay alert’ was the thought for the General Markets at that time, but now? It may be time […]
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